Hyperliquid vs Backpack fees

Last updated: June 2026

Wondering whether Hyperliquid or Backpack is cheaper for trading? Below are their published entry-tier fees side by side, for both perpetual futures and spot. The cheapest venue for you depends on your volume and whether you trade maker or taker — run your own numbers in the FeeEdge calculator to see your real monthly cost across all 20 exchanges.

Fee comparison

Hyperliquid logoHyperliquidBackpack logoBackpack
Perps maker0.015%0.020%
Perps taker0.045%0.050%
Spot maker0.040%0.020%
Spot taker0.070%0.050%

Rates shown are published base-tier estimates and may change — always confirm on the exchange. Maker = limit orders that add liquidity (cheaper); taker = market orders that remove it.

Which is cheaper?

On perpetual futures, Hyperliquid has the lower base taker fee (0.045% vs 0.050%). On spot, Backpack is lower (0.050% vs 0.070%). But volume tiers, maker rebates, and native-token discounts can flip this for active traders — which is exactly what FeeEdge calculates.

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Want the full picture on either venue? See Hyperliquid fees and Backpack fees.

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FAQ

Is Hyperliquid cheaper than Backpack?

For base-tier perpetual futures, Hyperliquid has the lower taker fee. For spot, Backpack is cheaper. Your actual cheapest venue depends on your monthly volume and maker/taker mix — check it in the calculator.

What are Hyperliquid's trading fees?

Hyperliquid charges roughly 0.015% maker / 0.045% taker on perps and 0.040% maker / 0.070% taker on spot at the entry tier.

What are Backpack's trading fees?

Backpack charges roughly 0.020% maker / 0.050% taker on perps and 0.020% maker / 0.050% taker on spot at the entry tier.

More comparisons

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